Deal Alert: Godrej Consumer to buy 30% stake in salon chain B:blunt

FMCG firm Godrej Consumer Products Ltd (GCPL) entered the hair salon segment with the acquisition of 30% stake in Mumbai-based premium hair salon chain B:Blunt Hair Dressing Pvt Ltd. B:Blunt hair salon chain in run by siblings Adhuna Bhabani Akhtar and Osh Bhabani.



Started in 2005, it has 17 outlets spread across Mumbai, New Delhi, Hyderabad, Pune, Indore Bangalore and Dubai.

GCPL’s current

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Deal Alert: Nagpur social travel startup Touristlink joins African accelerator program

Holiday Deals Pvt Ltd, a Nagpur-based firm that runs social travel network Touristlink.com, has joined Kenya-based accelerator 88mph (88mph.ac). The start-up, founded by David Urmann and Jayesh Bagde, has also raised funds from a few angel investors as well. 



The company will use the funds to develop the portal and establish presence in the African market, besides marketing the service in

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Deal Alert: The Morpheus incubates interior designer aggregation service Dwll.in

Mumbai-based P&P Associates, which runs online portal Dwll.in, has been selected for incubation by Chandigarh-based The Morpheus. Dwll allows home and business owners to choose interior designers through its platform and releases customer money to the selected designer in three stages during the execution of the project. The firm, founded by Pankaj Poddar and Parikshat Hemrajani, is currently

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Deal Alert: Aavishkaar Goodwell leads Rs.21-Cr investment in Swarna Pragati Housing Microfinance

New Delhi-based Swarna Pragati Housing Microfinance has received primary infusion equity of INR 210 million led by Aavishkaar Goodwell, a financial inclusion fund. Existing investor Asia Pragati, a NBFC backed by PAG (Pacific Alliance Group), which holds majority stake in Swarna Pragati, has also participated in this round.



Set up and promoted by bankers led by A. Ramesh Kumar, former CGM,

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Deal Alert: Matrix Partners India invests in Stayzilla.com

Matrix Partners India today announced that it has acquired a significant minority stake in Stayzilla.com, as the sole investor in the first institutional round of equity funding for the Company. Stayzilla.com operates an online platform to research and reserve “value hotels” in more than 750 cities across India.



“The online hotel booking industry has been at a nascent stage for the last few

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Vikram Akula and SKS Microfinance: The Saga Renews

Economic Times has a feature on SKS Microfinance and the company's founder Vikram Akula pegged on the recent move by SKS Trust which holds a 12.6% in the publicly listed company to nominate Akula to its board.

Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.

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PE investments decline 67% to $1.3 B in Q3’13; 9 month figure drops by 38%

IT deals claim 45% of pie; Buyouts in Manufacturing on the Rise

Private Equity firms invested about $1,300 million across 75 deals during the quarter ended September 2013, according to early data from Venture Intelligence (http://www.ventureintelligence.in), a research service focused on private company financials, transactions and valuations in India. The investment amount was 67% lower than

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